S&V Weekly Newsletter Vol.8 No.21, May 23 2022Please note: Click on any ad to go to the advertiser’s website
Retail DMF still in business rescueJohannesburg, Gauteng, SA – The 10-store Discount My Fashion (Pty) Ltd mini-chain, trading as DMF, remains in business rescue, business rescue practitioner Louis Klopper confirmed on Friday. DMF, which imports branded footwear distressed stock, went into business rescue in January 2021.
US consumers 'switching to services from big ticket goods'On 18 May, Bloomberg Opinion reported that US consumers "have abruptly stopped buying sofas and TVs for their pandemic dungeons and are now buying plane tickets and restaurant meals instead" - resulting a drop in sales for chains Target and Walmart, and whch "suffered their worst trading days since 1987, as everything that had been going right for the big-box retailers in the past couple of years has slammed into reverse all at once".
Wage negotiations General Goods settles, another round for FootwearDurban, KZN, SA – Gerald Naidoo, general secretary of the National Bargaining Council of the Leather Industry of SA, said on Friday that in the General Goods and Handbag sector, SACTWU had accepted the 7,25% offer by employers, which had already been accepted by NULAW.
In case you missed it! The May issue of S&V Footwear & Leather Goods MagazineS&V FOOTWEAR & LEATHER GOODS MAGAZINE VOL88 NO5 May 2022
IN THIS ISSUE: CLICK HERE TO VIEW IT ONLINE
Stock Exchange News Service (SENS) TFG - trading update and further trading statement 2021 4th quarter 24% up on 2020To read the full release, click here
Richemont final results February 2022 Sales up 44%, profit more than doublesTo read the full release, click here
Sustainability SGS webinar on fibre fragmentation in the fashion industryGeneva, Switzerland – Fibre fragmentation, which causes the unintentional release of microplastics from textiles into the environment, is one of the major pollution issues facing the fashion and textile industry, says global testing, inspection and certification company SGS.
They Said It"Thanks to good profits during 2002-2012, we all enjoy a cash flush retirement!!" - Marthus Louw, former Bolton Footwear MD, Great Brak River, W. Cape, SA. "The razor blade is sharp but can't cut a tree; the axe is strong but can't cut hair. Everyone is important according to his/her own unique purpose...never look down on anyone unless you are admiring their shoes..." - Advice from Vision 2020: An inspiration for youth, shared by Glen Mitchell, Shoprite Checkers, Cape Town, W. Cape, SA.
Got anything you'd like to share?Do you have any suggestions, comments or experiences about the industry that you'd like to share with the industry? - tony@svmag.co.za
23/05/1950: Dean Padayachee, retired, formerly Daylan Footwear (closed), Durban, KZN, SA.
23/05/2012: Chris van der Merwe, Oasis Tanning, Krugersdorp, Gauteng, SA. Have you let us know about your birthday, or the birthdays of your colleagues? Our readers love this section, so please become part of it. This also applies to the In Memoriam section. Help us remember former colleagues.
Exchange ratesNote: For previous rates, see HERE
2. Botswana Pula (BWP)
3. Malawian Kwacha (MWK)
4. Zambian Kwacha (ZMW)
ABSA Agri Trends: Hides & skins pricesJohannesburg, Gauteng, SA (19 May 2022) - The current average hide price decreased by 1.1% to R4.11/kg from R4.16/kg a week ago. The current price is 26.0% lower than the average price a month ago and is 45.0% lower than the average price a year ago. The range of prices reported was as follows: Minimum price: R4.00 Maximum price: R5.00. Please note: Our methodology weighs the prices we collect according to the number of hides they sell in a month. This is done to make it more representative of the prevailing market price. NB* Hide prices are determined by the average of the RMAA (Red Meat Abattoir Association) and independent companies. - Marlene Louw, senior agricultural economist, and Nkhensani Mashimbyi, agricultural economist, Absa group. Note: For previous prices, see HERE
Directory entries updated last weekDerek Brown Agencies, Johannesburg, Gauteng, SA.
New subscribers last weekMilly, Leather + Linen, Eastern Cape, SA.
Have a look at these linksWe invite businesses to send us links to websites, Facebook pages and the like which they feel would be of interest to others. The links below are from our database:
Classified AdvertsShoe machinery for saleSurplus shoe machinery for sale (new and used) . Contact cell/WhatsApp 0837863440 for further information.
SECOND HAND THICKNESS GUAGES FOR SALE R750 each excl VAT.
Contact usNews & Classifieds: Tony Dickson, +27 (0)31 209 7505, tony@svmag.co.za Next newsletter: May 30, 2022. SAFLIA enquiries: Tel 0800SAFLIA * Email info@saflia.co.za * Website http://www.saflia.co.za Our website www.svmag.co.za |
.
NEWSLETTER ARCHIVE
2023
- Newsletter Vol09 No52 Dec 27 2023
- Newsletter Vol09 No51 Dec 18 2023
- Newsletter Vol09 No50 Dec 11 2023
- Newsletter Vol09 No49 Dec 04 2023
- Newsletter Vol09 No48 Nov 27 2023
- Newsletter Vol09 No47 Nov 20 2023
- Newsletter Vol09 No46 Nov 13 2023
- Newsletter Vol09 No45 Nov 06 2023
- Newsletter Vol09 No44 Oct 30 2023
- Newsletter Vol09 No43 Oct 23 2023
- Newsletter Vol09 No42 Oct 16 2023
- Newsletter Vol09 No41 Oct 09 2023
- Newsletter Vol09 No40 Oct 02 2023
- Newsletter Vol09 No39 Sep 27 2023
- Newsletter Vol09 No38 Sep 18 2023
- Newsletter Vol09 No37 Sep 11 2023
- Newsletter Vol09 No36 Sep 04 2023
- Newsletter Vol09 No35 Aug 28 2023
- Newsletter Vol09 No34 Aug 21 2023
- Newsletter Vol09 No33 Aug 14 2023
- Newsletter Vol09 No32 Aug 07 2023
- Newsletter Vol09 No31 Jul 31 2023
- Newsletter Vol09 No30 Jul 24 2023
- Newsletter Vol09 No29 Jul 17 2023
- Newsletter Vol09 No28 Jul 10 2023
- Newsletter Vol09 No27 Jul 03 2023
- Newsletter Vol09 No26 Jun 26 2023
- Newsletter Vol09 No25 Jun 19 2023
- Newsletter Vol09 No24 Jun 12 2023
- Newsletter Vol09 No23 Jun 05 2023
- Newsletter Vol09 No22 May 29 2023
- Newsletter Vol09 No21 May 22 2023
- Newsletter Vol09 No20 May 15 2023
- Newsletter Vol09 No19 May 08 2023
- Newsletter Vol09 No18 May 02 2023
- Newsletter Vol09 No17 Apr 24 2023
- Newsletter Vol09 No16 Apr 17 2023
- Newsletter Vol09 No15 Apr 11 2023
- Newsletter Vol09 No14 Apr 03 2023
- Newsletter Vol09 No13 Mar 27 2023
- Newsletter Vol09 No12 Mar 20 2023
- Newsletter Vol09 No11 Mar 13 2023
- Newsletter Vol09 No10 Mar 06 2023
- Newsletter Vol09 No09 Feb 27 2023
- Newsletter Vol09 No08 Feb 20 2023
- Newsletter Vol09 No07 Feb 13 2023
- Newsletter Vol09 No06 Feb 06 2023
- Newsletter Vol09 No05 Jan 30 2023
- Newsletter Vol09 No04 Jan 23 2023
- Newsletter Vol09 No03 Jan 16 2023
- Newsletter Vol09 No02 Jan 09 2023
- Newsletter Vol09 No01 Jan 03 2023
2022
- Newsletter Vol08 No52 Dec 27 2022
- Newsletter Vol08 No51 Dec 19 2022
- Newsletter Vol08 No50 Dec 12 2022
- Newsletter Vol08 No49 Dec 05 2022
- Newsletter Vol08 No48 Nov 28 2022
- Newsletter Vol08 No47 Nov 21 2022
- Newsletter Vol08 No46 Nov 14 2022
- Newsletter Vol08 No45 Nov 07 2022
- Newsletter Vol08 No44 Oct 31 2022
- Newsletter Vol08 No43 Oct 24 2022
- Newsletter Vol08 No42 Oct 17 2022
- Newsletter Vol08 No41 Oct 10 2022
- Newsletter Vol08 No40 Oct 03 2022
- Newsletter Vol08 No39 Sep 27 2022
- Newsletter Vol08 No38 Sep 19 2022
- Newsletter Vol08 No37 Sep 12 2022
- Newsletter Vol08 No36 Sep 05 2022
- Newsletter Vol08 No35 Aug 29 2022
- Newsletter Vol08 No34 Aug 22 2022
- Newsletter Vol08 No33 Aug 15 2022
- Newsletter Vol08 No32 Aug 08 2022
- Newsletter Vol08 No31 Aug 01 2022
- Newsletter Vol08 No30 Jul 25 2022
- Newsletter Vol08 No29 Jul 18 2022
- Newsletter Vol08 No28 Jul 11 2022
- Newsletter Vol08 No27 Jul 04 2022
- Newsletter Vol08 No26 Jun 27 2022
- Newsletter Vol08 No25 Jun 20 2022
- Newsletter Vol08 No24 Jun 13 2022
- Newsletter Vol08 No23 Jun 06 2022
- Newsletter Vol08 No22 May 30 2022
- Newsletter Vol08 No21 May 23 2022
- Newsletter Vol08 No20 May 16 2022
- Newsletter Vol08 No19 May 09 2022
- Newsletter Vol08 No18 May 03 2022
- Newsletter Vol08 No17 Apr 25 2022
- Newsletter Vol08 No16 Apr 19 2022
- Newsletter Vol08 No15 Apr 11 2022
- Newsletter Vol08 No14 Apr 04 2022
- Newsletter Vol08 No13 Mar 28 2022
- Newsletter Vol08 No12 Mar 22 2022
- Newsletter Vol08 No11 Mar 14 2022
- Newsletter Vol08 No10 Mar 07 2022
- Newsletter Vol08 No09 Feb 28 2022
- Newsletter Vol08 No08 Feb 21 2022
- Newsletter Vol08 No07 Feb 14 2022
- Newsletter Vol08 No06 Feb 07 2022
- Newsletter Vol08 No05 Jan 31 2022
- Newsletter Vol08 No04 Jan 24 2022
- Newsletter Vol08 No03 Jan 17 2022
- Newsletter Vol08 No02 Jan 10 2022
- Newsletter Vol08 No01 Jan 03 2022